"Excuse my ignorance but is CHZ's management saying they will have proved up a JORC of 900,000+ oz by December 31?"
Yes, that is my interpretation as well. If the remaining drills keep hitting the same grades across the entire lease, then the total resource could easily be multi-times the initial JORC validated resource.
This is where the skill of the geologists come into play, determining where to drill so as to determine the overall size of the vein as quickly as possible, and at the same time keep the good news coming.
Zaaro
CHZ Price at posting:
35.7¢ Sentiment: Buy Disclosure: Held